New Listing – 5 Unit Investment property with $6100/month income – Completely Occupied with long leases. Property Zoning allows for multi-family up to 10 units on this location with .84 acre lot in a prime location. Concrete block construction and slab foundation on the 4 units + single wide renovated mobile home in the back of the property. There is also a maintenance man that lives at the property in Unit D – he pays rent and paid for any services separately. The entire property is on Well & septic systems therefore the owner supplies Water, sewer, trash, electric, lawn & cable. Newer metal roof installed in 2016 and completely painted on the exterior in 2023. The 5th unit, the single wide mobile home that was completely renovated with new showers, tub, kitchen, appliances, flooring and paint this October and rents for $2000/m. Many of the other units have also been renovated. This is a turn key operation, in good condition with good long term tenants in a good location near major highways and lots of job opportunities including 5 minutes to the Hard Rock Casino. Rent analysis provided by the seller has the cap rate currently at 8.5%
Property Details
Price:
$650,000
MLS #:
T3484482
Status:
Active
Beds:
6
Baths:
5
Address:
3619 ORIENT ROAD
Type:
Multi Family
Subdivision:
EASY WAY SUB
City:
TAMPA
Listed Date:
Nov 14, 2023
State:
FL
Finished Sq Ft:
2,504
ZIP:
33619
Lot Size:
36,756 sqft / 0.84 acres (approx)
Year Built:
1940
Units:
5
Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Central, Electric
Exterior
Construction Materials
Metal Frame, Stucco, Vinyl Siding, Wood Frame
Exterior Features
Fenced, Sidewalk
Roof
Metal, Shingle
Financial
Buyer Agent Compensation
2.5%%
Tax Year
2022
Taxes
$7,071
Map
Community
- Address3619 ORIENT ROAD TAMPA FL
- CityTAMPA
- CountyHillsborough
- Zip Code33619
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Courtesy of BLUE SUN REALTY LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
3619 ORIENT ROAD
TAMPA, FL
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